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Many readers will be familiar with Lewis’s book "The Big Short," which documented how excesses in global credit markets spawned a worldwide financial crisis. Climatechange falls squarely in this category. Addressing Climate as a Systemic Risk ," produced by the Ceres Accelerator for Sustainable Capital Markets, exhorts U.S.
A study published in the journal Nature found that Canada alone will face $100 billion in strandedassets by 2036, representing 35% of the book value of oil and gas properties for all oil and gas issuers listed on the Toronto Stock Exchange.
The shrivelled Rhine of 2018 became a harbinger of the devastating impact that climatechange will have on the backbone of the German economy. You’d expect a company so directly affected by climatechange to be jumping on the decarbonization bandwagon. On the face of it, it is.
A system change compass. In 2008 Mark Lynas , a science writer, published his book Six Degrees: Our Future on a Hotter Planet. He is back now with his final warning; Six Degrees of Climate Emergency. In the twelve years since the first book was published, the situation has not improved.
Our economic system has failed to address long-standing threats like climatechange, biodiversity loss, disease, water scarcity, and inequality. One of the byproducts of this form of economy is massive levels of climatechange-causing greenhouse gas (GHG).
Rather than potentially overinvest in the face of rising demand and suffer the consequence of falling prices, GE Vernova and its competitors are committed to capital discipline, lengthening their order book, and defending shareholder value.
As reported by Newsweek , an NCSE survey revealed that teachers offer their students very little climate education and when they do, it is often inaccurate (60% of teachers are unaware of the scientific consensus on climatechange). trillion climate-focused infrastructure bill. Petro-pedagogy targeting kids.
Republican women care more about climatechange than Republican men, something Rupp expects will be reflected in their investing decisions: “Also, Research by McKinsey found that in the US more than two-thirds of wealth will be held by women by 2030… and Republican Women care more about Climate issues than Republican men.
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